Jul
12
credit reports?
Filed Under Credit
kennyd asked:
I had a car repoed back in 2000. According to the SOL for the state I live in Tennessee the collection company cannot come after me for payment. I notice a couple times a year they put an inquirey on my Transunion credit report. How can I stop them from doing this. Will this lower my credit score. Thanks
JOSUE
I had a car repoed back in 2000. According to the SOL for the state I live in Tennessee the collection company cannot come after me for payment. I notice a couple times a year they put an inquirey on my Transunion credit report. How can I stop them from doing this. Will this lower my credit score. Thanks
JOSUE
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2 Responses to “credit reports?”
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They’re inquiring on the CR agency because if they didn’t, that negative mark would fall off your report.
By continuing to make that entry active, it won’t go away, and your credit will continue to suffer.
Contact the collection agency and work out a deal to pay them off. You do owe them money, correct? They will often accept a fraction of the original amount.
just a shot in the dark but if you get your credit report just submit a dispute and maybe they can put a block on it so that company can’t hit you any more..